In 2023, the Tyre Cord Fabric market in Germany was valued at 47.259 million square meters. Over the decade, the market experienced fluctuations, starting at 87.013 million square meters in 2013. From 2022 to 2023, there was a year-on-year decline of 4.22%. Over the last five years, the Compound Annual Growth Rate (CAGR) was -2.68%, indicating a downward trend in demand for tyre cord fabric.
Future trends to watch include the impact of increasing automotive electrification and sustainability efforts. High-performance materials may drive demand changes, alongside evolving manufacturing technologies and regulations.
